Welcome to 205 Hamilton! This turn-key, three-unit multi-family, is located conveniently close to Ronan Park, Fields Corner Redline T-stop, I-93, and just a short drive to South Bay. The entire building has been recently renovated with brand new white splashed kitchens with stainless steel appliances, granite countertops, and tile backsplash, beautiful sparkling marble bathrooms with shower-tub combos, and gleaming hardwood floors throughout. All units also include four bedrooms with ample closet space, one bathroom, and an oversized private deck overlooking the Dorchester neighborhood, providing much sought after private outdoor space. The basement has been completely re-done, and contains common laundry space with two new coin operated washers and dryers. Last but not least, this building also features two tandem off-street parking spaces. Perfect opportunity for an investor or owner occupant to own a coveted three-family in Dorchester. Come and see before the opportunity is gone!
This home has been viewed 39 times
Last Checked: May 6th, 2024 at 11:30pm (Source: MLS PIN #73022802)
Gross Income: $104,160
Gross Expenses: $16,623
Net Income Calc: $87,537
CAP Rate: 7.12%
Annual Expenses for 205 Hamilton Street, Boston MA 02122
Total Gross Expenses (Calculated)$16,623/year
APOD AvailableYes
Heating
Electricity
Water$2,200
Gas$2,200
Insurance$4,542
Sewer$2,200
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,881
Annual Income & Unit Breakdown for 205 Hamilton Street, Boston MA 02122
Total Gross Income (Calculated)$104,160
Unit 1
Rental Income$2,965
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$2,720
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$2,995
LeaseY
Bedrooms4
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 205 Hamilton Street, Boston MA 02122
Listing ID73022802
Property TypeMulti Family / 3 Family
Price$1,229,000 ($319.55/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaDorchester's Meeting House Hill
Neighborhood(s)
Approximate Living Area Total3,846 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking2
Garage Parking
Year Built1905
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 205 Hamilton Street, Boston MA 02122
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$16,623
Total Gross Income By Broker$105,360
Total Net Income By Broker$88,737
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator CompensationN/A
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 205 Hamilton Street, Boston MA 02122
Real Estate Taxes$9,881
Tax Year2022
Assessed Value$908,200
Financial Data Source
Total Gross Expenses By Broker$16,623
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$105,360
BostonRealEstate.com Gross Income
Total Net Income By Broker$88,737
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.12%
Location Information for 205 Hamilton Street, Boston MA 02122
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDorchester's Meeting House Hill
Area AmenitiesWalk/jog Trails, Highway Access, Park, Medical Facility, Public Transportation, T-station
Contact Information for 205 Hamilton Street, Boston MA 02122